NOT LISTED FOR SALE

63 Surf Way Lavallette, NJ 08735

Estimated Value: $737,000 - $941,490

3 Beds
2 Baths
659 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $615,000 $933 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,723/month

15 Days on Market

Highlights

  • Oceanside
  • Deck
  • Bonus Room
  • New Kitchen
  • Wood Flooring
  • Granite Countertops

About This Home

As of December 2020

A cottage in every sense of the word. Charming and quaint, with the added bonus of being located in Chadwick Beach, a desirable family community at the Jersey Shore. Recently updated with 3 bd rms, 2 full bths, just 7 houses to the ocean. Many upgrades with newer kitchen, baths, AC, & flooring throughout. Multiple decks and outdoor space. Flexible room and storage in the lower level which can be anything you want it to be. Lots of storage, too!
Tennis, playground, mini-golf, bay beach, ice cream, restaurants all within walking distance. Family memories will be priceless, so don't miss this opportunity to have your dream cottage at the beach!

Last Listed By

Joanne Kasak

Chadwick Sales & Rentals LLC License #1643722 Listed on: 09/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,933

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 52 x 30
  • Fenced

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 659 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Light Fixtures
  • Blinds
  • Bonus Room

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chadwick Bch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00921-04-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,933

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block
  • Inclusions: Blinds/Shades, Ceiling Fan(s), Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Chadwick Bch
  • Architectural Style: Cottage/Bungalow, 2 Story
  • Reso Flooring: Laminate
  • Reso Interior Features: Bonus Room, Ceilings - Beamed
  • Year Built: 1961
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 52 x 30
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Style CottageBungalow: Yes
  • Interior Bonus Room: Yes
  • Interior Ceilings - Beamed: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Deck, Fence, Outdoor Shower, Porch - Open, Storage, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Gravel
  • General Property Info:Garage: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 52 x 30
  • Parcel #: 08-00921-04-00026
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 8, 2020
Sold by
Velocci Joseph and Velocci Debra
Bought by
Tacinelli Jamie Marie and Honsberger John W
Seller's Agent
Joanne Kasak
Chadwick Sales & Rentals LLC
Buyer's Agent
Margie West
Century 21 Crest Real Estate
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%
Total Days on Market
15
Current Estimated Value
$873,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,873
Avg. Annual Appreciation
5.65%
Original Mortgage
$472,000
Outstanding Balance
$427,894
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$355,220

Purchase Details

Closed on
Sep 18, 2000
Sold by
Grogan Richard
Bought by
Velocci Joseph and Velocci Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8%

Purchase Details

Closed on
Nov 1, 1994
Sold by
Lenhard Marilyn
Bought by
Grogan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
8.9%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tacinelli Jamie Marie $615,000 Investment Title Llc
Velocci Joseph $275,000 --
Velocci Joseph $275,000 --
Grogan Richard $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tacinelli Jamie Marie $472,000
Previous Owner Velocci Joseph $450,000
Previous Owner Velocci Joseph $50,000
Previous Owner Velocci Joseph $50,000
Previous Owner Velocci Joseph $200,000
Previous Owner Velocci Joseph $220,000
Previous Owner Grogan Richard $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $615,000 -3.8% $933 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $639,000 -- $970 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,540 $608,900 $384,000 $224,900
2023 $9,976 $608,900 $384,000 $224,900
2022 $9,976 $597,700 $384,000 $213,700
2021 $9,379 $374,400 $306,500 $67,900
2020 $9,338 $374,400 $306,500 $67,900
2019 $8,933 $374,400 $306,500 $67,900
2018 $8,813 $374,400 $306,500 $67,900
2017 $8,739 $374,400 $306,500 $67,900
2016 $8,287 $364,600 $306,500 $58,100
2015 $7,974 $364,600 $306,500 $58,100
2014 $7,591 $364,600 $306,500 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22035222

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00921-04-00026